Choosing the right list price for your Kawartha Lakes Real Estate
One of the most critical factors in selling a home quickly and for a good final sale price is choosing the right list price. There are several different approaches you can take to determine the right price for your property. Which one you choose depends on what strategy you want to use to attract buyers, and also how much risk you’re prepared to take in order to attract offers.
Many homeowners simply want to list their property at the highest price they believe the market can bear. They’ve seen what a few properties are selling for in their neighbourhood and then add an arbitrary percentage to reflect where they think the market will be by the time they sell in a month or two. This rather optimistic approach is favoured by sellers who want to ‘test the waters’ to see just how high the market might go. They think they can try the high end price first and adjust it downwards later if they don’t get results. As Brad Nelson your Bobcaygeon Coldwell Banker ® professional can tell you, this strategy can be a costly mistake. Overpricing your listing can have several potentially damaging repercussions. Salespeople will be less likely to recommend it to potential buyers, so you’ll get fewer viewings. They may pass it by in favour of other, more competitively priced listings, and in very little time, they’ll simply forget about it. Fewer viewers means fewer opportunities for your sales professional to convert those prospects into buyers.
Kawartha Lakes, Ontario: The most common reasons that a house will not sell in a good market are often well within the control of the home seller according to a recent survey by the ActiveRain online real estate community. In a poll of over 1,000 real estate agents, it was revealed that the top six ways home sellers turn potential home buyers away are:
1. The home is overpriced
2. It is difficult to set a showing time
3. The seller is unwilling to depersonalize or de-clutter the home
4. Unpleasant odours
5. The seller is unwilling to negotiate with buyers
6. The seller refuses to make repairs
Brad Nelson, a local REALTOR with Century 21 Pinnacle Realty Ltd, confirms that these same findings hold true for homes in the Kawartha Lakes. “It is up to the agent to educate the seller on aspects of the home selling process that can instantly turn off a potential buyer,” stated Brad Nelson. “However, some sellers get on the defensive when you point out pets, odours, and housekeeping, so it is a very fine line to walk!”
Nelson reflects on a time he was showing a conservative couple homes in the Bobcaygeon area and was met with a very unexpected surprise. After ringing the door bell and calling out their entrance, Brads’s clients were shocked to find a man in his underwear fast asleep on the living room couch. Needless to say, the couple decided to move on the next home in their search!
“I wish stories like this weren’t common in my line of work. A good real estate agent spends plenty of time with their sellers before their house ever goes on the market to avoid these expensive mistakes.”
Kawartha Lakes Home Sellers e-book Library “What You Need to Know”: – Seller Customer Service Agreement Explained
To enhance your Kawartha Lakes Real Estate selling experience, it’s our job as real estate professionals to provide you with as much valuable information as possible. It is essential that Kawartha Lakes Real Estate sellers be aware of all aspects of the real estate market before making a major decision. We are here to make this process stress-free and rewarding. The Kawartha Lakes Home Seller’s e-book Library is a growing source of “What You Need to Know” articles explain the process and introduces you to the legal forms typically encountered in the sale of your Kawartha Lakes Real Estate.
- Kawartha Lakes Real Estate Market Conditions – BRAD NELSON (bobcaygeonhomesforsale.com)
- Selling your Kawartha Lakes Home – Bobcaygeon Real Estate (bobcaygeonhomesforsale.com)
- Top 7 Reasons to Use a Buyer’s Agent When Purchasing Your KAWARTHA LAKES Real Estate – Blog – Brad Nelson (bobcaygeonhomesforsale.com)
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Kawartha Lakes Real Estate – Listing Activity, Sales Activity, Average Selling Price and Sales to Listing Ratios:
|Kawartha Lakes Real
Estate Association | MLS ® Statistic Report
Activity by Area – OCTOBER 2013
|Listings||Sales||Sales/Listings Ratio||Average Sale Price|
|OCTOBER 2013 |
YTD: JANUARY 2013 – OCTOBER 2013 | 12 Month: NOVEMBER 2012 –
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Sell Your Sturgeon Point Home
Selling your Sturgeon Point home is an involved process that affects your family and your future. Before you begin this process, you’ll want to ensure that you have the most up-to-date information. When should you sell? How do you get the best price? What kinds of renovations should be made prior to the sale? With my experience, I am confident that I can relieve this stress and make selling your Sturgeon Point home a smooth and hassle-free experience. When you’re armed with the right information, and an experienced real estate professional, you’ll be closer to reaching your goal – selling your home fast, and for the best price.
Please contact us if you have any questions about selling your Sturgeon Point home. There are many reasons to choose Brad Nelson & Kelli Lovell as your trusted representatives. – Selling your Sturgeon Point home.
Selling Your Sturgeon Point Home
Negotiation of the best selling price.
In-depth knowledge of Sturgeon Point home market trends.
Tips to sell Sturgeon Point homes more quickly.
Increased exposure and circulation of Sturgeon Point homes.
Helpful guidance and expertise selling Sturgeon Point homes.
Home staging advice. Industry-leading on-line presence.
Innovative marketing techniques.
Expert knowledge of local communities.
Dedication to client service.
Ongoing education programs.
Assistance through the closing process.
Most recognized brand in real estate.
Intuitive mobile website with proximity search.
Apps for the most popular mobile devices.
Excellent understanding of local real estate procedures and regulations.
Valuable insight into adding value to homes.
Service partners to assist with financing, inspection, relocation and more.
We help our clients’ Sturgeon Point homes stand out and bring in more qualified buyers. If anyone you or some one you know may be selling their Sturgeon Point home in the next 12 months and would be interested in learning more about the ways that I can help, please contact us. We would be happy to assist.
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